DECISION OF INTERSTATE COUNCIL OF EURASIAN ECONOMIC COMMUNITY

of July 5, 2010 No. 505

About the Budget message of Interstate Council of EurAsEC "About budget policy for 2011"

Interstate Council of Eurasian economic community (at the level of heads of states) solved:

1. Accept the Budget message of Interstate Council of EurAsEC "About budget policy for 2011" it (is applied).

2. To bodies of EurAsEC in the activities in 2011 to be guided by provisions of the specified document.

Members of Interstate Council of EurAsEC:

Appendix

to Mezhgossovet's Decision of EurAsEC of July 5, 2010 No. 505

Budget message of Interstate Council of Eurasian economic community "About Budget Policy for 2011"

This Budget message is prepared according to the Regulations on procedure for forming and budget implementation of Eurasian economic community approved by Mezhgossovet's Decision of EurAsEC of June 23, 2006 No. 301.

The main results of realization of economic and budget policy of EurAsEC in 2009

In the conditions of the global financial crisis in state members of EurAsEC essential delay of growth rates in primary branches of economy, increase of inflation and decrease in the employment level of the population was observed. On EurAsEC in 2009 in comparison with 2008 decrease in production of GDP averaged 7%, industrial output - 9%, investments into fixed capital - 13 percent.

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